Will Bitcoin’s Head and Shoulders Cause the Price to Drop to $1000?

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During the week of November 17-24, the Bitcoin price decreased by 20 percent. Afterward, financial commentator Peter Schiff made a prediction that the Bitcoin price will fall to around $1000. A similar prediction was made by well-known Tradingview analyst @MagicpoopCannon, who stated that there is a possible head and shoulders (H&S) developing in the Bitcoin price since May.
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Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

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